Varification and Signing Authority Of Income Tax Return

Verification and Signing Authority Of Income Tax Return

Under Section 277 of the Income Tax Act it is liable to prosecuted if any person making false statement. The verification must be signed by the authorized person and return the name and designation of the person signing the return before furnishing the return.

The return should be signed by the individual who filing his income tax in case the taxpayer is mentally incapable then the return may be signed by his guardian or any other person competent to act on is behalf.

If the person is not able to sign and verify his return of income because he is out of India or any other reason then any person duly empowered by him through valid power of Attorney may sign on his behalf. In this case a certified copy of the Power of Attorney must accompany the return.

In Hindu Undivided Family the return need to signed by person himself. In his absence or he is mentally disabled then the return signed by any other adult member of such family.
In case of company if they are resident then the return signed by managing director. If there is no managing director or he is not able to sign and verify t he return due to any reason the the return signed by any director thereof.
In case of non resident a person holding a valid  power of attorney from the company which should attached to the return can sign the return.
In case of Wound up/taken over by Govt. the the return should be signed and verified by the liquidator or the Principal Officer as the case may be.
In Local authorities and in association of person the return should be signed by the principal officer and any member of the association or the Principal officer respectively.
In firms the return should be signed by managing partner or if he is not able to sign and verify the return then by any partner thereof not being a minor.

A new assessee can file their return with the Assessing officer having territorial jurisdiction over the area where he resides or his principal place of business is situated or with the Assessing Officer having special jurisdiction over specific assessees or classes of income. And an existing assessee file his income tax return with the Assessing Officer who had previously assessed him or with the Assessing officer where his case stands transferred.


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